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Korea's leading ship and offshore plant research institute, KRISO
□ The Korea Research Institute of Ships & Ocean Engineering (President Booki Kim, hereinafter “KRISO”) announced that it will perform free technology transfers of buoyancy support system for ships to the private sector up to 2025.
□ The buoyancy support system technology, which is the first to inject gas using the fire extinguishing main pipe, minimizes damage due to maritime accidents by delaying sinking. The buoyancy support, created using 3D laser scanning, can be installed in engine rooms and other complicated spaces, and lowers installation cost by at least 90% compared to existing systems as it relies on the fire extinguishing main pipe, already installed on most ships, for gas injection.
□ The system has been registered as a patent in Korea, the United States, Japan, and the EU. Last December, it succeeded in publishing related ISO standards.
□ According to the Korea Technology Finance Corporation, the buoyancy support system has a technological value of 3.74 billion won, and is expected to hit more than 140 billion won in sales if successfully commercialized.
□ The team, comprised of Hee-jin Kang, Jin Choi, and Dong-gon Lee, said, “Ship accidents can have devastating effects on human life, the environment, and property. The free technology transfer of the buoyancy support system will accelerate commercialization, and pave the way to creating safer ships.”
□ Companies interested in technology transfer may direct inquiries to KRISO’s Technology Licensing and Public Relations Center (042-866-3171).
□ Booki Kim, the president of KRISO, said, “We will continue to work hard to achieve KRISO’s purpose of establishment, that is, to enhance the safety and quality of life of citizens, and to create maritime growth engines.”